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Credit Scores - It's a Product.
i want to talk about credit scores because your book has a really clear breakdown of the way credit scores work and also the sort of, like historical underpinnings of why they are bad. I mean, i'm just going to say it y. They were not, like a lot of things in america, credit scores, like, a nice mix of people did not sit down and think, like, what are we trying to accomplish? That's not how credit scores were created. And then basically, people who want to lend consumers money, they pay the credit bureaus for this information, and that's how it works. We're the product.